Daily Investment Interpretations

May 26, 2009

2009-5-26:  Consumer confidence jumped up today and so did the market indices. The NASDAQ Composite ratcheted up 58.42 points (3.45%) to 1,750.43, the Dow advanced 196.17 points (2.37%) to 8,473.49, and the S&P 500 added 23.33 points (2.63%) to close at 910.33. Oil rose slightly to $62.46 a barrel, while gold ended the day at $953. The VIX fell 2.01 to 30.62.
    The markets appear to be digesting their gains... prefatory to another leg up?